$LUNC Is This a Bull Trap? ⚠️

Don't let the green candles fool you just yet. While $LUNC is up today at 0.00004403, we are approaching a massive "Wall of Resistance."

Why caution is needed:

Overextended RSI: The RSI(6) at 64.76 is nearing the 70.00 mark. On the 4H timeframe, this often leads to a sharp rejection or "fakeout."

Volume Concerns: Despite the +3% move, volume remains lower than previous rally peaks. Without a massive surge, the pump may fizzle out.

Supply Reality: Even with consistent burns, the 5.5 Trillion circulating supply continues to act as a heavy ceiling for any long-term recovery.

Watch Out: A failure to hold 0.00004380 could see us sliding back down to test the 0.00004167 support.

#LUNC #Bearish #TradingAlert #LUNCBurn #Binance

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry high risk; always perform your own research before trading.